Urea - data, forecasts, historical chart - was last updated on December 12 of 2023. Urea decreased 172.50 USD/T or 33.50% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. May 2023 - Nov 2023: 56.250 (17.08%) May-2023 Jun-2023 Jul-2023 Aug-2023 Sep-2023 Oct-2023 Nov-2023 273.13 289.01 304.89 320.77 336.65 352.54 368.42 384.3 400.18 416.07 431.95 US Dollars per Metric Ton Description: Urea, (Black Sea), bulk, spot, f.o.b. Black Sea (primarily Yuzhnyy) beginning July 1991; for 1985-91 (June) f.o.b. Eastern Europe Now let's calculate the cost of nitrogen per pound for urea: 46.7% is equivalent to 0.467, and a ton is equivalent to 2000 lb. Therefore, urea contains 0.467 N and costs $630 per 2000 lb. Full Chart Contract Specifications See More Contract Urea [granular] FOB US Gulf Futures Contract Size 100 tons Tick Size $0.25 ($25.00 per contract) Trading Hours 5:00p.m. - 4:00p.m. (Sun-Fri) CST Exchange CBOT Point Value $100 Expiration Date 12/21/23 (15 days) Seasonal Chart Urea FOB US Gulf Dec '23 Average Price Chart for 5 Prior Dec Contracts Vay Nhanh Fast Money.

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